USD/JPY Intraday: As long as 163.52 is support, look for 164.33
USD/JPY (USD/JPY)
-0.027-0.02%
As long as 163.52 is support, look for 164.33
Our pivot point is at 163.52.
Our preference: As long as 163.52 is support, look for 164.33
Alternative scenario: below 163.52, expect 163.25 and 163.08.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. The price is below its 20 period moving average (163.82) but above its 50 period moving average (163.55).
Supports and resistances:
164.49 *
164.33 **
164.17
163.78 last
163.52 **
163.25 *
163.08 **
Our preference: As long as 163.52 is support, look for 164.33
Alternative scenario: below 163.52, expect 163.25 and 163.08.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. The price is below its 20 period moving average (163.82) but above its 50 period moving average (163.55).
Supports and resistances:
164.49 *
164.33 **
164.17
163.78 last
163.52 **
163.25 *
163.08 **
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